NICE(NICE)
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Nice (NICE) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-04-09 22:56
The latest trading session saw Nice (NICE) ending at $243.59, denoting a +0.64% adjustment from its last day's close. This change outpaced the S&P 500's 0.15% gain on the day. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.32%.The the stock of software company has risen by 1.37% in the past month, leading the Computer and Technology sector's gain of 1.32% and undershooting the S&P 500's gain of 1.65%.The investment community will be paying close atten ...
NICE(NICE) - 2023 Q4 - Annual Report
2024-03-27 20:11
Currency and Tax Risks - The company utilizes foreign currency hedging mechanisms to mitigate risks from currency fluctuations, but these may not fully protect against adverse impacts on financial results [110]. - The company benefits from various local and international tax programs, including Israeli tax benefits related to its "Preferred Technology Enterprise" programs and grants from the Israel Innovation Authority for research and development [111]. - The company must continue to meet specific conditions to remain eligible for tax benefits and grants, with potential adverse effects on business if these conditions are not met [112][115]. - Changes in global tax frameworks, such as the OECD's proposed global minimum corporate tax rate of 15%, could increase tax complexity and uncertainty for the company starting in 2024 [117]. - The company faces risks from potential additional tax liabilities due to its global operations, which could materially affect its financial condition [116]. Financial Condition and Debt - The company has incurred debt from the issuance of 2020 Notes, which could adversely impact its financial condition and business plans [120]. - The company's ability to fund capital expenditures and maintain working capital is contingent on future cash generation, which is subject to various external factors [121]. Market Volatility - The market price of the company's ADSs and ordinary shares is volatile and influenced by numerous factors, including quarterly operating results and market conditions [128]. - The trading prices of the company's ADSs and ordinary shares may differ due to being listed on different markets, potentially affecting overall market perception [129]. - The fundamental change provisions of the 2020 Notes may delay or prevent beneficial acquisitions of the company, impacting shareholder interests [133]. Mergers and Acquisitions Challenges - Israeli law may delay or prevent mergers and acquisitions, impacting potential changes in control even if terms are favorable [135]. - Tax considerations in Israel could make transactions unappealing for shareholders without a tax treaty, potentially impeding acquisitions [136]. Economic and Geopolitical Risks - Adverse economic conditions, including slowdowns and inflation, may materially affect the company's operating results [138]. - Customers, particularly in the banking sector, may reduce spending due to liquidity concerns, adversely impacting the company's financial condition [141]. - Geopolitical risks, including conflicts in the Middle East and between Russia and Ukraine, could negatively affect the global economy and specific markets [144]. Operational Challenges - The company faces challenges in emerging markets, including inadequate legal protections and competition from local firms [146]. - High attrition rates in low-cost development centers, such as India, could hinder product development and customer service [155]. - An inability to attract and retain qualified personnel may adversely affect the company's ability to develop new products and solutions [156].
NICE: Riding The AI Wave
Seeking Alpha· 2024-03-16 17:58
Galeanu MihaiInvestment Thesis: The market is underestimating the exciting prospects of NICE's cloud business. This business has a strong balance sheet position, a long history of serving the market and is positioned to benefit from the AI wave. At 11x EV / 2027 Adj. EBIT projections, I believe this investment offers a good risk/reward profile. The Business Model NICE Ltd (NASDAQ: NICE) is one of the leading providers of enterprise software solutions enabling organizations to manage and improve custome ...
NICE Expands Its Presence in Japan with Availability of CXone in Osaka
Businesswire· 2024-03-07 13:00
HOBOKEN, N.J.--(BUSINESS WIRE)--NICE (Nasdaq: NICE) today announced that it has launched a second CXone Cloud Region in Japan. This presents a unique and critical functionality tailored specifically for the Japanese market. NICE will provide a business continuity (BCP) service for CXone in Osaka, enhancing the overall resilience of CXone cloud infrastructure for Japanese customers. Osaka’s robust infrastructure and connectivity made it a strategic choice for hosting BCP cloud services, providing reliable an ...
Nice (NICE) Launches ARCHIVE-X for Financial Compliance
Zacks Investment Research· 2024-03-06 17:21
Nice (NICE) is expanding its portfolio with the recent introduction of ARCHIVE-X, a revolutionary cloud-based archiving and records management solution tailored for financial services firms.As part of NICE Actimize, ARCHIVE-X addresses the regulatory requirements for communication archiving and records management, offering a unified solution for buy-side, sell-side, online trading platforms, insurance and wealth management firms.ARCHIVE-X, with its open and agnostic design, captures and manages various comm ...
iQor Leverages NICE CXone to Optimize CX in the Energy and Utility Sectors
Businesswire· 2024-03-05 15:01
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--iQor, a managed services provider of customer engagement and technology-enabled business process outsourcing (BPO) solutions, is driving irresistible customer experience (CX) in the energy and utilities sectors by harnessing the power of NICE CXone, the leading cloud-based customer experience platform to unify and optimize interactions between customers, call center agents, and brands. iQor’s Symphony [AI]TM generative AI ecosystem—designed to enhance employee perform ...
Earnings Estimates Rising for Nice (NICE): Will It Gain?
Zacks Investment Research· 2024-02-29 18:21
Investors might want to bet on Nice (NICE) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this software company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends i ...
NICE Named a Leader in the IDC MarketScape: Worldwide Digital Evidence Management Solutions for Law Enforcement 2023
Businesswire· 2024-02-29 13:00
HOBOKEN, N.J.--(BUSINESS WIRE)--NICE (Nasdaq: NICE) today announced that it has been named a Leader in the 2023 “IDC MarketScape: Worldwide Digital Evidence Management Solutions for Law Enforcement Vendor Assessment.” (#US51361223, Nov. 2023). The IDC MarketScape study assessed digital evidence management (DEM) companies on two axes: business strategies and capabilities. Dr. Alison Brooks, Research Vice President, Smart Cities and Communities - Public Safety, IDC said, “New innovations in Digital Evidenc ...
NICE's Evidencentral Digital Evidence Management Platform Receives ASTORS' Best Investigation Solution Award
Businesswire· 2024-02-28 13:00
HOBOKEN, N.J.--(BUSINESS WIRE)--NICE (Nasdaq: NICE) today announced that solutions from the NICE Evidencentral platform have been named to the ASTORS Awards-winner’s list. Sponsored by American Security Today, the ASTORS Awards recognize innovative solutions that support law enforcement, criminal justice and public safety agencies in their mission to fight crime and keep cities and communities safe and secure. NICE Investigate and NICE Justice, solutions within NICE’s Evidencentral platform, were named gold ...
3 Top-Ranked Tech Stocks Flexing Solid Growth
Zacks Investment Research· 2024-02-26 23:01
The Technology sector has been a favorite among investors, providing explosive gains. Growth-styled investors have been particularly rewarded by the sector over the last year amid positive sentiment, with the beloved ‘Mag 7’ group stealing headlines all throughout the period.Still, the group certainly isn’t the only bright spot within the Technology sector currently, with many other companies, including Pinterest (PINS) , TE Connectivity (TEL) , and NICE Ltd. (NICE) , boasting bright outlooks.On top of soli ...